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1211 W 11th Street Los Angeles, CA 90015
$3,800,000 5 beds, 33 baths
15, 887 sqft
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Photo of Marcille Dilsaver Hughes

Marcille Dilsaver Hughes REALTORĀ® - Sales Associate 626-429-7340 m
626-429-7340 o
Lic#: 02158588
NRDS ID: 190014064
marcille@dilsavergroup.com
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Lic#: 02158588
NRDS ID: 190014064
marcille@dilsavergroup.com
Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120
Pasadena 540 South Lake Ave
Pasadena, CA 91101
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Agent Remarks

The building is located less than 400 feet from LA Live, the $2.5 billion campus housing 5,600,000 square feet of sports and entertainment venues. Also adjacent to the property are Crypto.com Arena, LA Convention Center, and numerous new retail and entertainment destinations. Available at an attractive 7.42% CAP Rate based on current income, an investor can gain a substantial foothold in the Downtown Los Angeles submarket for the comparatively low price of only $115,152 per apartment unit. In addition to enjoying strong immediate cash flows, a new owner can also dramatically improve returns over time, as current rents are approximately 40% below market. The building is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), which will save a new owner from an otherwise costly expense. Several capital improvements have been made at the property recently, including an all new electric system, updated plumbing, new windows, a new front gate, and new hallway tile. The building is also separately metered for both gas and electricity, a rare occurrence among buildings constructed in this time period. Because of its proximity to the venues of numerous 2028 Summer Olympic events, the property sits in the direct path of scheduled infrastructure improvements that should boost the entire local neighborhood.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26647019
List price is $3,800,000
Beds: 5
Baths: 33
Built in 1912
15,887 sqft
0.15 acres
Lot size: 0.1549
County: Los Angeles
Zoning: LAC2
Parking description: Assigned
MLS area: C42 - Downtown L.A.

Last Updated: 6/11/2026

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.045912, -118.270478.
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Listing Agent: Roderick 'Rick' Raymundo
Lic#: 02158588
Office Name: Pasadena

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Marcille Dilsaver Hughes

Marcille Dilsaver Hughes REALTORĀ® - Sales Associate 626-429-7340 m
626-429-7340 o
Lic#: 02158588
NRDS ID: 190014064
marcille@dilsavergroup.com
Text Me
Call My Cell
Call My Office
Lic#: 02158588
NRDS ID: 190014064
marcille@dilsavergroup.com

Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
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